Property profile

237 Davis Lake Rd A Lapeer, MI 48446

FOR LEASE
Office buildings
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Property ID
US43-4367339
5,655 SF 1.03 ac
Last sale Jan 2026·$750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A medical office suite totaling 2,000 square feet, configured with a reception area, administrative office space, and three private exam or treatment rooms. The interior includes existing medical infrastructure intended to support healthcare operations, and the layout can also function as a professional office space. The suite is located along the M-24 corridor in Lapeer with access from Davis Lake Road, and features road frontage that provides opportunities for signage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$330k
Effective rate3.27%

Value estimate

· Nov 2026
$785k
$707k – $864k
Submarket $/SF estimate$564k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$3k
Operating expenses−$2k
NOI$7k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$102/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$64 – $159
Qualifying comparables4

Cap rate analysis

How does the asset earn?
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.9
Building Supply16.5
Dental Office15.6

Location

237 Davis Lake Rd, Unit A Lapeer, MI 48446
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
396 Lk Nepessing, Lapeer, MI 48446-2910 $430,000 Jun 2023 4,518 SF
420 Lk Nepessing, Lapeer, MI 48446-2961 $400,000 Apr 2022 3,480 SF
1575 Imlay City, Lapeer, MI 48446-3175 $380,000 Mar 2022 4,784 SF
1563 Imlay City, Lapeer, MI 48446-3175 $75,000 Aug 2021 4,987 SF
2401 Genesee, Lapeer, MI 48446-1779 $295,000 Mar 2021 3,400 SF
392 Nepessing, Lapeer, MI 48446-2192 $320,000 Dec 2020 6,541 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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